ArcelorMittal raises European coil offers by $44 per tonne, sources say

ArcelorMittal has increased its offer prices in Europe for all flat steel products by ?,?40 ($44) per tonne, effective immediately, market sources told Fastmarkets on Tuesday December 3.

ArcelorMittal's new offer for first-quarter rolling hot-rolled coil was ?,?450 ($497) per tonne ex-works in Germany.
Fastmarkets' latest weekly price assessment for steel HRC, domestic, exw Northern Europe, was ?,?420-425 per tonne on November 27, based on average deal prices.

The company has also announced a...

Immediate trigger for crash was new Fed Chairman pick

Gold stocks slump on metal price decline

Is the gold market starting to turn 'irrationally exuberant'?

Gold stocks explode up as equity markets languish

Gold stocks outpace flat large caps